UAE employees to get inflation-busting pay boost in 2016

UAE employees to get inflation-busting pay boost in 2016

Career experts predict that private companies in the UAE will increase employees’ salaries above the inflation level next year. Pay adjustments in the UAE are expected to reach 5 percent in 2016 higher than the forecast 2.7 inflation rate. Employees across sectors financial and professional services, as well as in energy and natural resources industries forecast to be higher than what they got this year. According to the Towers Watson’s latest salary budget planning study the salary adjustments in the UAE will average 5 per cent in 2016 and higher than the 4.8 per cent forecast and actual increase implemented in 2015. Kuwait, Oman and Qatar are expected to rise by 5 per cent, while Jordan and Lebanon employees can expect wage increases of 6 per cent and 5.8 per cent, respectively. Saudi Arabia employees are likely to get 5.5 per cent increase, while those in Bahrain will have the lowest adjustment of 4.6 per cent.

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